Employment service company ADP reported today that private employers cut 298,000 jobs last month. But even though that's a smaller drop than normal, but analysts were expecting better. Steve Chiotakis talks to Richard DeKaser of Woodley Park Research.
Swiss bank UBS agreed to a legal settlement to reveal the identities of about 4,500 clients. And a new link on the bank's Web site allows American clients to voluntarily share their secret account information with the IRS. Mitchell Hartman reports.
The LA forest fires may be more under control, but they're still a real danger to homeowners. Bill Radke talks to LA Times business columnist David Lazarus about the importance of preparing your home for a natural disaster.
BP announced a giant discovery deep in the Gulf of Mexico. But determining the value of the oil will be tricky because it lies under more than 4,000 feet of water and another 35,000 feet under the ocean floor. Sam Eaton reports.
The Mortgage Bankers Association is calling on Congress to break up Fannie Mae and Freddie Mac into several smaller, privately held companies. Sam Eaton explores the heated debate over the future of the lenders.
A car bomb went off in a van parked outside the Athens stock exchange before trading was set to open today. European correspondent Stephen Beard tells Steve Chiotakis this is just the latest in a string of attacks on financial targets.
Midwest cities have been hard hit by the downturn of the commercial real estate market -- especially Milwaukee, where one-fifth of the offices downtown are empty. Erin Toner explores what is now a renter's market.